Director Urban Thomas awarded 64,748 Cibus (CBUS) shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban Thomas reported acquisition or exercise transactions in this Form 4 filing.
Cibus, Inc. director Urban Thomas received an equity award of 64,748 shares of Class A Common Stock at no purchase price, as reflected in a Form 4 insider filing. The award is in the form of Restricted Stock Units that vest in full, subject to his continued service, on the earlier of the first anniversary of the grant date or the date of the company’s next annual meeting of shareholders. Following this grant, Thomas is reported as directly holding 64,748 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Urban Thomas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 64,748 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 64,748 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 64,748 shares
Reported price per share: $0.0000 per share
Shares held after transaction: 64,748 shares
3 metrics
Shares granted
64,748 shares
Grant of Class A Common Stock to director Urban Thomas
Reported price per share
$0.0000 per share
Equity award coded as grant/award acquisition
Shares held after transaction
64,748 shares
Total direct holdings following the grant
Key Terms
Restricted Stock Units, Class A Common Stock, Grant, award, or other acquisition, annual meeting of shareholders
4 terms
Restricted Stock Units financial
"The Restricted Stock Units vest in full, subject to the Director's continued service"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Cibus (CBUS) report for director Urban Thomas?
Cibus reported that director Urban Thomas received an equity award of 64,748 shares of Class A Common Stock at no purchase price. The Form 4 classifies this as a grant or award acquisition, increasing his directly held shares to 64,748 after the transaction.
Is the Cibus (CBUS) transaction for Urban Thomas an open-market purchase or a grant?
The transaction is a grant or award, not an open-market purchase. It is coded as an “A” transaction, with a description of “Grant, award, or other acquisition,” and a price of $0.0000 per share, indicating compensation-related equity rather than a market buy.
What are the vesting terms of Urban Thomas’s Cibus (CBUS) Restricted Stock Units?
The Restricted Stock Units vest in full upon the earlier of two dates: the first anniversary of the grant date or the date of Cibus’s next annual meeting of shareholders. Vesting is also conditioned on Thomas’s continued service as a director through that time.
Does the Cibus (CBUS) Form 4 show any sales or dispositions by Urban Thomas?
The Form 4 does not show any sales or dispositions for this event. It reports a single acquisition transaction coded “A” for a grant or award, with 64,748 shares acquired and no selling activity or derivative exercises listed in the transaction summary.